Lexus Gets Dallas Arena's Platinum Level Name Raiders Move Into New Training Facility DraftKings Inks Deals With Cowboys, Chiefs, Pats University Plans Threaten Downtown Cincy Project Iowa State Completes South End Zone Renovations Florida Close On O'Connell Center Financing Facility Notes Notre Dame Stadium Adding Three Video Boards Alameda, Raiders Officials A No-Show At Presser Fifth Third Arena Remodel Plans Approved
HURRICANES NAME THEIR PRICE: INPUT ON ARENA'S TITLE RIGHTS
Published June 18, 1998
The Hurricanes want "some control over the naming rights" in return for paying a $20M cost overrun "that threatens timely completion" of the Raleigh downtown arena, according to Steve Politi of the Raleigh NEWS & OBSERVER. The current arena contract gives control of the naming rights to NC State Univ., which will share the arena with the Hurricanes. Other concessions the Hurricanes want include: "additional money from concessions, ticket sales, advertising and other arena revenue sources;" "greater participation in the proceedings of the Centennial Authority;" and "control of property around the arena." Local officials "are debating whether they can accept" the Hurricanes' offer (Raleigh NEWS & OBSERVER, 6/18).